Many bookmakers are already offering odds on how long he will survive this time around.

And Peter Mandelson is clearly not the most popular person among Business7 readers.

More than 77 per cent of those who voted in our online poll do not believe he is a good choice for Business Secretary. Only 23 per cent believed Mandelson would be a good appointment in his return to the Cabinet.

With Shell and BP both announcing huge profits the Chancellor has demanded lower prices as oil continues to fall. So this week's question is: Is the UK government doing enough to force oil companies to reduce prices? Log on to www.business7.co.uk to vote and have your say in our forums.